Which of the Following Is True

question 148

Multiple Choice

Which of the following is true?

• A) The FDIC sets the reserve requirements for commercial banks.
• B) The Federal Reserve System guarantees the deposits in almost all banks up to a $250,000 limit per account.
• C) Since the Federal Reserve System was established in 1913, bank failures due to panic withdrawals have been virtually eliminated.
• D) If a bank should fail, the FDIC guarantees that depositors can get their funds up to a $250,000 limit per account.

---

Definitions:

Valued Life Patterns

Patterns of activities or behaviors that are highly regarded and prioritized by individuals or cultures, contributing to their sense of meaning and satisfaction in life.

Predetermined Criteria

Specific standards or benchmarks set in advance to measure performance or judge outcomes.

Professional Health Care System

An organized network of health care providers that delivers medical services to the population.

Noncommunicable Disease

A medical condition or disease that is not transmitted from person to person, often chronic in nature, such as heart disease, diabetes, and cancer.